Gov Action Deposit
In September 2024 Cardano bootstrapped its efforts to transition to on-chain governance with the Chang hardfork major software update. Since September there’s been a number of additional big milestones including:
- 50 global workshops to co-create a constitution
- A constitution convention in Argentina and Kenya
- A second hardfork to enable Cardano holders to propose 7 different types of governance changes, including proposing withdrawals from the treasury.
- Intersect and Pragma, which are two Cardano Members-Based Organizations, create two budgets to be voted on for the 2025/2026 fiscal year.
What all these efforts have in common is launching and enabling on-chain governance for Cardano. Cardano's move to on-chain governance means that decisions about protocol changes, treasury allocations, and network…